MM Forgings P/B Ratio

MMFL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.89
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.89
Current Price ₹415.10
Book Value/Share ₹185.83
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹892 Cr
Share Capital ₹48 Cr
Reserves & Surplus ₹843 Cr
Outstanding Shares 48,000,000
Book Value per Share ₹185.83

Valuation Signal

Signal Fairly Valued
Historical Avg 1.73
Historical Range 1.41 - 1.95
Percentile 80.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for MM Forgings

  • Trading at premium to sector average PB of 0.84

View the current stock price of MM Forgings for more insights.

P/B Ratio Historical Trend for MM Forgings

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 1.95 ₹185.83 ₹362.60 ₹892 Moderate
2024 1.41 ₹328.75 ₹465.15 ₹789 Moderate
2023 1.73 ₹280.42 ₹483.80 ₹673 Moderate
2022 1.76 ₹233.33 ₹410.70 ₹560 Moderate
2021 1.79 ₹202.92 ₹362.70 ₹487 Moderate

Sector P/B Ratio Comparison

Comparing MM Forgings with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.8
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.96 ₹95 Low
Setco Automotive SETCO -0.27 ₹210 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.06 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.52 ₹1,295 Low